Tapestry names Joanne C. Crevoiserat as chief financial officer
today Jun 19, 2019
Tapestry, Inc. has named Joanne C. Crevoiserat as chief financial officer, effective August 1, 2019.
Stepping into her new role, Crevoiserat replaces Kevin Wills, who exited Tapestry in February of 2019.
Andrea Shaw Resnick, who held the position of interim CFO since Wills’ exit, will continue as global head of investor relations and corporate communications.
“[Crevoiserat] is a talented executive with over 30 years of deep finance, operations and strategy experience within established retailers and global brands,” said Victor Luis, chief executive officer of Tapestry.
“As we continue to implement our portfolio strategy, I am confident that [she] is the right leader and strategic business partner to our teams as we drive Tapestry’s next chapter of growth.”
Crevoiserat joins Tapestry from Abercrombie & Fitch Co., where she served as executive vice president and chief operating officer from 2017 to 2019. She first joined Abercrombie & Fitch in 2014 as chief financial officer. Prior to joining the retail company, she served in various senior management roles at Kohl's Inc., including executive vice president of finance and executive vice president of merchandise planning and allocation. In addition, Crevoiserat has held senior finance positions with Wal-Mart Stores and May Department Stores, including chief financial officer of the Filene's, Foley's and Famous-Barr Brands.
Crevoiserat enters the company shortly after the appointment of Tom Glaser to the role of Tapestry’s chief operations officer in late May. Earlier that month, the company reported that it beat Wall Street estimates for third-quarter profit on better-than-expected sales of its Coach and Kate Spade handbags, and announced a $1 billion share buyback program.
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